fossilesque@mander.xyz to Goblincore@lemmy.blahaj.zoneEnglish · 2 months agoHEX THEMmander.xyzimagemessage-square64linkfedilinkarrow-up1425arrow-down19cross-posted to: lemmydirectory@lemmy.dbzer0.com
arrow-up1416arrow-down1imageHEX THEMmander.xyzfossilesque@mander.xyz to Goblincore@lemmy.blahaj.zoneEnglish · 2 months agomessage-square64linkfedilinkcross-posted to: lemmydirectory@lemmy.dbzer0.com
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1arrow-down6·2 months agosupply and demand is a theory about price discovery
minus-squarepulsewidth@lemmy.worldlinkfedilinkEnglisharrow-up3·2 months ago… Annnd what does it mean when you buy a big bag of glitter, and then the price is the same tomorrow, and in a week… And in month? It means your demand has not outpaced production, nor reduced a finite resource - your purchase of stock has simply been replenished by a supplier. Purchases inform supply - more will be made to continue meeting demand. If this is not the case, the market price will change. https://qoblex.com/blog/the-law-of-supply-and-demand-complete-guide-to-market-economics/
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·2 months agobuying something does not cause production continue though.
supply and demand is a theory about price discovery
… Annnd what does it mean when you buy a big bag of glitter, and then the price is the same tomorrow, and in a week… And in month?
It means your demand has not outpaced production, nor reduced a finite resource - your purchase of stock has simply been replenished by a supplier.
Purchases inform supply - more will be made to continue meeting demand. If this is not the case, the market price will change.
https://qoblex.com/blog/the-law-of-supply-and-demand-complete-guide-to-market-economics/
buying something does not cause production continue though.